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Dec 29, 2012
12/12
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LINKTV
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and, instead of voting for a tax increase, they are voting for a tax cut. the same policy, when you are voting for it on january 4, would be a tax cut. today, it would be a tax increase. it is a weird way of thinking about it, but we are a strange land, in terms of u.s. policy right now. heather is a sense the entire dynamic would change if we get a few days into the new year without a deal. the white house feel they have gone close to as far as they can go in terms of an offer. the have adjusted their proposal on tax increases so they would only go up on those making $400,000 a year, not $250,000 a year. they want real concessions out of the republicans before the agreed to everything. they do not want to negotiate against themselves and throw in the towel when they do not need to. >> what does it mean for the world economy if the u.s. does fall off this fiscal cliff, even if only for a few days? >> if we have learned anything the last few years, it is how connected this economy is. the european crisis has the image of the world economy. the sub from price
and, instead of voting for a tax increase, they are voting for a tax cut. the same policy, when you are voting for it on january 4, would be a tax cut. today, it would be a tax increase. it is a weird way of thinking about it, but we are a strange land, in terms of u.s. policy right now. heather is a sense the entire dynamic would change if we get a few days into the new year without a deal. the white house feel they have gone close to as far as they can go in terms of an offer. the have...
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Dec 31, 2012
12/12
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. >> there has been increasing tax -- increasing sectarian tension. nouri al-maliki is blaming foreign countries for that. why is he saying that? >> he is saying it because of the protests that have been going on for the last 10 days in difference in the areas. he did say that the protests started demanding the release of bodyguards of sunni prisoners. the demands were raised to topple the regime as well as having a sectarian nature on those protests. >> we may have differences with one another, but what relation does erdogan have in this? why is the flag raised? what relation does it have with the demands of the people? you can see the case of sectarian tensions and extensions. >> i'm wondering what kind of reaction that point will have amongst iraqis. they are not likely to stop their protests, are they? >> no, they are not. i spoke to the spokesperson nominated by the protesters a few moments ago. he did say that he totally rejects being commands made by the prime minister -- comments made by the prime minister. he said their demands are not of a s
. >> there has been increasing tax -- increasing sectarian tension. nouri al-maliki is blaming foreign countries for that. why is he saying that? >> he is saying it because of the protests that have been going on for the last 10 days in difference in the areas. he did say that the protests started demanding the release of bodyguards of sunni prisoners. the demands were raised to topple the regime as well as having a sectarian nature on those protests. >> we may have...
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Dec 27, 2012
12/12
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LINKTV
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that is to observe stable growth by the time the taxes will be raised. this government, it has to be eager to boost its economy so that you can see an uptick of growth in the first half of next year. >> toyota is having its largest ever safety crisis, but it will cost more than a billion dollars. japanese automakers selling with customers in the u.s. will say that their vehicle suddenly exploded for no reason. about 16 million vehicles were sold between 1998 and 2010. investors are relieved the payout was not even bigger. shares ended the day a little in tokyo. -- up a little. israeli-arab politician is appealing to the supreme court after she was barrestole the american dream, thursday, 30 eastern, 7:00 p.m. pacific. >> welcome back. a reminder of our top stories. the international envoy to syria is calling for an international government with full powers to take over so elections can be held. the will go to moscow now, on saturday for talks on how to end the crisis in syria. pakistan is marking the fifth anniversary of the death of former prime ministe
that is to observe stable growth by the time the taxes will be raised. this government, it has to be eager to boost its economy so that you can see an uptick of growth in the first half of next year. >> toyota is having its largest ever safety crisis, but it will cost more than a billion dollars. japanese automakers selling with customers in the u.s. will say that their vehicle suddenly exploded for no reason. about 16 million vehicles were sold between 1998 and 2010. investors are...
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Jan 1, 2013
01/13
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LINKTV
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congress, with tax hikes and spending cuts. hello. you are watching aljazeera, live from doha. also on the program, bargaining for peace. an effort to end the conflict in afghanistan. a brazen protest in china. activists raid the home of their friend who is being held on house arrest. and ringing in the new year. in spectacular style. we will have a look at celebrations from around the world. welcome to the program. in less than five hours from now, the u.s. is set to fall over the so-called fiscal cliff. congress will not vote by the midnight deadline to avoid spending cuts and tax hikes due on january 1. talks will resume on tuesday. earlier, barack obama said an agreement to avoid this was in sight. >> for now, our most immediate priority is to stop taxes from going up for middle-class families starting tomorrow. i think that is a modest goal that we can accomplish. democrats and republicans in congress have to get this done, but they are not there yet. they are close, but they are not there yet, and one thing we can count on with respect to this congress, if there is even o
congress, with tax hikes and spending cuts. hello. you are watching aljazeera, live from doha. also on the program, bargaining for peace. an effort to end the conflict in afghanistan. a brazen protest in china. activists raid the home of their friend who is being held on house arrest. and ringing in the new year. in spectacular style. we will have a look at celebrations from around the world. welcome to the program. in less than five hours from now, the u.s. is set to fall over the so-called...
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Dec 28, 2012
12/12
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LINKTV
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had democrats as a you have no taxes for those -- no tax cuts for those making under $250,000. we're going the wrong direction. why have we been talking about stimulating the economy through jobs? we seem to accept a certain amount of unemployment as being necessary for the proper functioning of the economy, so that for corporations and will keep wages low. that is baloney. we are creating our own economic vice that is entrapping tens of millions of americans. i find it unacceptable. it is like this whole fiscal cliff thing is the creation of people who are unimaginative and locked in by special interests. >> congressmember kucinich, the issue of medicare and social security, what it means for president obama to so-called compromise on these issues. can you talk about that? >> there is no reason whatsoever to bring social security into this discussion. the fact the white house has done tt on numerous occasions should give everyone pause for concern. if social security has a problem down the road -- we have already talked about this -- you raised the caps on the in, accessible t
had democrats as a you have no taxes for those -- no tax cuts for those making under $250,000. we're going the wrong direction. why have we been talking about stimulating the economy through jobs? we seem to accept a certain amount of unemployment as being necessary for the proper functioning of the economy, so that for corporations and will keep wages low. that is baloney. we are creating our own economic vice that is entrapping tens of millions of americans. i find it unacceptable. it is like...
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Dec 31, 2012
12/12
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LINKTV
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i pay taxes. i pay more taxes at citibank. i am here because we are against the separation of families, against all of the discrimination that this society is making against our community. >> this is democracy now!'s look back at 2012. to get a copy of the show, go to our website, democracynow.org. we will be back in a minute. know" by the beastie boys. this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman. we look back at 2012. >> return to our guest of the discussion and debate about president obama's speech and record. >> of course, it may be true, as mr. ford has indicated, but the truth is obama is as progressive a figure who has the chance of being elected in america. friedrich engels will not be the secretary of labor and mark will not be the secretary of the treasury. >> he is the more effective evil because he is able, being a democrat, to accomplish more of that right-wing agenda, and republican ever could. george bush tried to privatize social security. he cut his worst domestic defeat
i pay taxes. i pay more taxes at citibank. i am here because we are against the separation of families, against all of the discrimination that this society is making against our community. >> this is democracy now!'s look back at 2012. to get a copy of the show, go to our website, democracynow.org. we will be back in a minute. know" by the beastie boys. this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman. we look back at 2012. >> return to our...
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Dec 27, 2012
12/12
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LINKTV
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leaders remain at a crossroads on reaching a budget deal before the combination of spending cuts and tax hikes kicks in with the new year. on wednesday, treasury secretary timothy geithner told congress the u.s. will reach its federal borrowing limit on new year's eve, threatening the same default that was narrowly avoided last year. in a letter to lawmakers, geithner vowed to take extraordinary measures to avoid a new default but said any remedies would only be short- term. the u.s. has acknowledged for the first time a carried out a september drone strike that killed 11 people in yemen. the victims were packed into ain truck on a desert road in a town of radda when they're struck by a missile. the washington post reports the yemeni government tried to hide u.s. responsibility for the attack by taking credit for carrying it out. the yemeni government also initially claimed only militants were killed in the strike, or forced to withdraw that claim after mourners tried to bring the dead bodies to the gates of the presidential residence. according to the washington post, the attack has dev
leaders remain at a crossroads on reaching a budget deal before the combination of spending cuts and tax hikes kicks in with the new year. on wednesday, treasury secretary timothy geithner told congress the u.s. will reach its federal borrowing limit on new year's eve, threatening the same default that was narrowly avoided last year. in a letter to lawmakers, geithner vowed to take extraordinary measures to avoid a new default but said any remedies would only be short- term. the u.s. has...
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Jan 1, 2013
01/13
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able to afford their own lives, people being able to say whether or not they think the rich should be taxed. what matters is -- what really the issue is in american politics, and so brilliant and getting around that -- and newt was so brilliant in getting around that. i am so amazed by ingrid i'm not bothered or even frightened of him read what i am frightened of is people who don't understand your own system. i spoke at a fundraiser for obama back before he got elected. and the only thing i said was, "look, we're working hard now to get him elected. we have to work twice as hard after he gets elected to make sure what we voted for actually happens." >> i walked there picking mushrooms at the edge of dread, but don't be fooled. this is not a russian column, this is not somewhere else but here. our country moving closer to its own truth and dread, its own ways of making people disappear. i won't tell you where the place is, the dark mash of the woods meeting the unmarked strip of light. ghostwritten crossroads, leaf mold paradise i know already who wants to buy it, sell it, make it disappear
able to afford their own lives, people being able to say whether or not they think the rich should be taxed. what matters is -- what really the issue is in american politics, and so brilliant and getting around that -- and newt was so brilliant in getting around that. i am so amazed by ingrid i'm not bothered or even frightened of him read what i am frightened of is people who don't understand your own system. i spoke at a fundraiser for obama back before he got elected. and the only thing i...
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Dec 24, 2012
12/12
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voting rights act of 1965 said, in effect, that you cannot use a literary test, you cannot have a poll tax, you cannot use certain devices, you cannot harass, you cannot intimidate. and before you make any changes in election laws dealing with registration, changing a precinct, local lines for any political position, you have to get pre-clearance from the department of justice or the federal district court in washington, d.c. so, the state of florida, for an example, never sought to get clearance to purge. and they're hiding behind there may be fraud. that's their own. amy goodman: you were on that selma to montgomery march. this. can you explain what happened, as we go back, what, almost half a century now? rep. john lewis: on march 7, 1965, a group of us attempted to march from selma to montgomery, alabama, to dramatize to the nation that people wanted to register to vote. one young african-american man had been shot and killed a few days earlier, in an adjoining county called perry county-this is in the black belt of alabama-the home county of mrs. martin luther king jr., the home count
voting rights act of 1965 said, in effect, that you cannot use a literary test, you cannot have a poll tax, you cannot use certain devices, you cannot harass, you cannot intimidate. and before you make any changes in election laws dealing with registration, changing a precinct, local lines for any political position, you have to get pre-clearance from the department of justice or the federal district court in washington, d.c. so, the state of florida, for an example, never sought to get...
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Dec 30, 2012
12/12
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WBAL
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one, some of the major taxes will roll out, three big taxes that are going to fund, although not, we should be clear on this, the tax on high value health insurance plans provided by employers. that won't begin until 2018. you will see changes t in the medical delivery system itself. key performance for hospitals in terms of how they pay for services, moving away for pay for volume and towards pay for quality. those are going to roll out over the next year. come the end of next year 13, we will see the massive coverage expansion where many, many, many people get the tax credit to either get private insurance or get covered by medicaid. bestill expect the scale of that expansion by the beginning of 2014 to be in the range of 25 to 30 million people. they will be a lot of folks. beyond health care, it becomes a lot less certain. gun control, i wouldn't -- i expect a significant conversation. it is hard to imagine anything tremendously radical being done given both the come position of congress and due to now congress's powerful areas. >> mike, what's your ideas or predictions for the n
one, some of the major taxes will roll out, three big taxes that are going to fund, although not, we should be clear on this, the tax on high value health insurance plans provided by employers. that won't begin until 2018. you will see changes t in the medical delivery system itself. key performance for hospitals in terms of how they pay for services, moving away for pay for volume and towards pay for quality. those are going to roll out over the next year. come the end of next year 13, we will...
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Dec 31, 2012
12/12
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WBAL
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minimum tax rate. if we go over the fiscal cliff, it will revert to a system not adjusted for inflation. secretary of state hillary clinton remains hospitalized, undergoing treatment for a blood clot. it stems from a concussion she sustained earlier this month while battling the flu. a spokesperson says doctors discovered the blood clot sunday on a follow-up examination. the 65-year-old hillary clinton is being treated with anti coagulates. >> good afternoon, temperatures are warming up more than what we saw yesterday. 38 degrees at the airport and 40 degrees downtown. this is about where we were yesterday but it felt colder yesterday with a strong wind. the highs should be in the low to mid 40's by the afternoon and clouds are increasing as a storm moves this way. it is producing precipitation off -- from the midwest. we will track this for you when we come back in a few minutes. >> if you are planning to hit the town for new year's eve, baltimore is ready to put on a great show. workers are preparing
minimum tax rate. if we go over the fiscal cliff, it will revert to a system not adjusted for inflation. secretary of state hillary clinton remains hospitalized, undergoing treatment for a blood clot. it stems from a concussion she sustained earlier this month while battling the flu. a spokesperson says doctors discovered the blood clot sunday on a follow-up examination. the 65-year-old hillary clinton is being treated with anti coagulates. >> good afternoon, temperatures are warming up...
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Dec 31, 2012
12/12
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WMAR
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aaa is not offering its tipsy tax service. a grant ran out. >>> sometimes new year's can get too late for the kids. we'll show you how mort discovery threw -- port discovery threw one for them. >>> and some are using a tragedy to make a profit. we'll show you how your donations can go to the correct place. >> three degrees off, no winner this time. wintry showers. will that be the case to start off hour 2013? we answer that straight ahead on abc2 news at 6:00. >>> last week we warned you about scammers using the name of sandy hook to cash. a woman was arrested for doing that. joce sterman has details in this week's scam alert. 33 croorld noelleal ba hides her face. the victim -- the fbi claims alba set up a charity scam potion as the aunt of 6-year-old victim noah posner. >> it's disheartening. i don't know how people can do it. >> reporter: vicky has scene how low scammers can g she's the god mother of benjamin wheeler. his name has been used in a money grab. >> the money is not set up going to him. it's in his name for someo
aaa is not offering its tipsy tax service. a grant ran out. >>> sometimes new year's can get too late for the kids. we'll show you how mort discovery threw -- port discovery threw one for them. >>> and some are using a tragedy to make a profit. we'll show you how your donations can go to the correct place. >> three degrees off, no winner this time. wintry showers. will that be the case to start off hour 2013? we answer that straight ahead on abc2 news at 6:00....
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credit the child tax credit and the college tax credit would be extended for another five years the estate tax would be raised to forty percent for properties worth more than five million dollars the deal would extend unemployment benefits for another year and finally the capital gains tax would increase from fifteen percent to twenty percent. so what does this really mean i'm joined now by sam sax progressive writer and commentator and also a former capitol hill staffer so sam i know you've been sort of following this throughout the day as i have what do you think are the winners and losers well right now it appears that the winners the same people who've been winning for the last several decades and that's the extremely wealthy people in america i mean right now the whole debate and center around just how many wealthy people are going to get the bush tax cuts and we've seen that the president for about four years has said he's not going to cave on two hundred fifty thousand dollars threshold we saw him cave about two years ago on that and he appears to be ready to cave on that it
credit the child tax credit and the college tax credit would be extended for another five years the estate tax would be raised to forty percent for properties worth more than five million dollars the deal would extend unemployment benefits for another year and finally the capital gains tax would increase from fifteen percent to twenty percent. so what does this really mean i'm joined now by sam sax progressive writer and commentator and also a former capitol hill staffer so sam i know you've...
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Dec 30, 2012
12/12
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FBC
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and they are taxed again at the individual level. with the dividend and capital gains taxes. george bush, to his credit, tried to do something about that and he chopped the dividend and capital gains tax down to 15%. the effect of that was to reduce the incentive for corporations to take on too much debt. if you tax equity too much, corporations take on too much debt. then it's more likely that they become bankrupt and to destabilize the whole system. gerri: you talk little bit about competitiveness. let's detail that. low capital gains is important to our nation's competitiveness. but also, to the competitiveness of these companies that we are talking about. >> absolutely. let's say that you are a young indian or chinese entrepreneur with a science degree or engineering degree and you gradua from mit. you want to start a high-tech company. would you started in the united states, where you're getting from your company years down the road will be taxed at 30%, or would you started in china or india where the capital gains tax rate is zero? many of our major partners have zero
and they are taxed again at the individual level. with the dividend and capital gains taxes. george bush, to his credit, tried to do something about that and he chopped the dividend and capital gains tax down to 15%. the effect of that was to reduce the incentive for corporations to take on too much debt. if you tax equity too much, corporations take on too much debt. then it's more likely that they become bankrupt and to destabilize the whole system. gerri: you talk little bit about...
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Dec 29, 2012
12/12
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WJLA
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then, income taxes will go up across the board, every tax bracket. we're talking g about real mone for every household. for instance, a single parent with two kids making $37,000 a year, she'll get walloped with a $2800 plus tax increase. a married couple with a kid in college making about $137,000, that's $8,000 more in taxes on that family. and if you're really rich, say lebron james rich, $53 million a year, cough up $2.4 million more to uncle sam. and that's not all. two million americans who lost their jobs are getting help through unemployment benefits. at the stroke of midnight on january 1st, they get stiffed not a dime more. >> the federal help for unemployment benefits will go away. >> that's real pain for people who are already suffering. >> yes. and it's also an immediate removal of economic activity from the economy, because if you get unemployment benefits, that money gets spent into the economy relatively quickly. >> and the hits just keep oncoming. capital gains taxes, up 5%. the child tax credit cut in half from a thousand dollars pe
then, income taxes will go up across the board, every tax bracket. we're talking g about real mone for every household. for instance, a single parent with two kids making $37,000 a year, she'll get walloped with a $2800 plus tax increase. a married couple with a kid in college making about $137,000, that's $8,000 more in taxes on that family. and if you're really rich, say lebron james rich, $53 million a year, cough up $2.4 million more to uncle sam. and that's not all. two million americans...
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Jan 1, 2013
01/13
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WUSA
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. >>> legislation to keep taxes from going up across the board is headed to the house of representatives. the senate approved an agreement early this morning. house speaker john boehner has not endorsed that agreement but he has promised a vote or g.o.p. alternative right away. danielle nottingham has more. >> reporter: house speaker john boehner is promising a quick vote on the fiscal cliff bill passed early this morning in the senate or an amended alternative. baner has not endorse -- boehner has not endorsed the agreement which may face opposition from conservative lawmakers in the house. vice president joe biden negotiated a deal with senate republicans over the weekend. the agreement makes bush era tax cuts permanent for individuals making under $400,000 a year and families making under $450,000. it also postpones harsh across- the-board spending cuts for a few months. >> this shouldn't be itself model for how we do -- be the model for how we do things around here but i think we can say we've done some good for the country. >> families will make up today to the assurances their taxe
. >>> legislation to keep taxes from going up across the board is headed to the house of representatives. the senate approved an agreement early this morning. house speaker john boehner has not endorsed that agreement but he has promised a vote or g.o.p. alternative right away. danielle nottingham has more. >> reporter: house speaker john boehner is promising a quick vote on the fiscal cliff bill passed early this morning in the senate or an amended alternative. baner has not...
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is still stuck on the edge of a cliff but only hours left before a tough mix of tax hikes and spending cuts hits americans. to gators begin ruling out possible causes for the deadly plane crash of the moscow. correspondent outlines the tragedies step by step. from the rest of middle eastern arab world to europe's money roller coaster the russian public getting more political vocal some of the major events that shaped twenty twelve. watching kerry just welcome to the program. trying to pull us back from the brink over the fiscal cliff couldn't get much closer to the wire in a few hours time americans will be hit hard by billions of dollars of tax hikes and spending cuts which will automatically come into effect on tuesday but republicans and democrats just can't agree on how to avert it and time is rapidly running out washington correspondent. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you monger's debt and what they did was what they usually do they put off those important decisions until a
is still stuck on the edge of a cliff but only hours left before a tough mix of tax hikes and spending cuts hits americans. to gators begin ruling out possible causes for the deadly plane crash of the moscow. correspondent outlines the tragedies step by step. from the rest of middle eastern arab world to europe's money roller coaster the russian public getting more political vocal some of the major events that shaped twenty twelve. watching kerry just welcome to the program. trying to pull us...
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Dec 30, 2012
12/12
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CSPAN2
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it's a tax on the value of the equipment or the land that has already been taxed with a property tax or a tax on the equipment. so there is a reason to have some accommodation in the death tax so that we will not face more unemployed people who work for a family-owned business or farm, and that is a -- it is if not the number-one issue of the farm bureau of this country, it's certainly in the top two or three because they know, they know what it's like to have to sell land that is not productive at a value that is not realistic and pay a tax, and a 55% tax is pretty confiscatory. so, mr. president, i do hope that we can come together on a bipartisan basis because if we don't come together on a bipartisan basis, nothing will get done because we have the house that is looking to the united states senate, that is supposed to be the adult in the room, and they are looking at us to see how the votes turn out. and we need a large majority on both sides of the aisle to accepted to the house something that has a firm stamp of approval from this body. and we need the president to be a player
it's a tax on the value of the equipment or the land that has already been taxed with a property tax or a tax on the equipment. so there is a reason to have some accommodation in the death tax so that we will not face more unemployed people who work for a family-owned business or farm, and that is a -- it is if not the number-one issue of the farm bureau of this country, it's certainly in the top two or three because they know, they know what it's like to have to sell land that is not...
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get much closer to the wire in a few hours time americans will be hit hard by billions of dollars of tax hikes and spending cuts. come into effect on tuesday but republicans and democrats just can't agree on how to avert it and time is rapidly running out washington correspondent. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you monger's debt and what they did was what they usually do they put off those important decisions until a certain deadline that deadline is now so they came up with this scary word cliff to create lots of drama around which would be the ordinary maybe somewhat boring working process of any congress or parliament that is to agree on a budget the need to deadlines so the cliff which actually describes the mode in which the congress is working their inability to make decisions until the very very last minute the cliff that u.s. lawmakers have artificially created could become very real for the american people the vast majority of them over one thousand government programs wo
get much closer to the wire in a few hours time americans will be hit hard by billions of dollars of tax hikes and spending cuts. come into effect on tuesday but republicans and democrats just can't agree on how to avert it and time is rapidly running out washington correspondent. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you monger's debt and what they did was what they usually do they put off...
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is still stuck on the edge of its fiscal cliff with only hours left before a tough mix of tax hikes and spending cuts hit americans. investigators begin ruling out possible causes for the deadly plane crash at a moscow airport our correspondent at the scene outlines the tragedy step by step. from the rest of the middle east and arab world to europe's money roller coaster the russian public getting more politically vocal and we sum up the major events that shaped twenty twelve. well it's a pleasure to have you with us here on new year's eve here in the russian capital the big show planned for you as we count down the last two hours of twenty twelve. thank you for joining us. now trying to pull the u.s. back from the brink of the fiscal cliff it couldn't get much closer to the wire at this point in just a few hours americans will be hit hard by billions of dollars of tax hikes and spending cuts which will automatically come into effect on tuesday the republicans and democrats are now in a last minute effort to avert it this time rapidly runs out how washington correspondent guy nature can
is still stuck on the edge of its fiscal cliff with only hours left before a tough mix of tax hikes and spending cuts hit americans. investigators begin ruling out possible causes for the deadly plane crash at a moscow airport our correspondent at the scene outlines the tragedy step by step. from the rest of the middle east and arab world to europe's money roller coaster the russian public getting more politically vocal and we sum up the major events that shaped twenty twelve. well it's a...
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Dec 24, 2012
12/12
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CSPAN
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eye 124
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you have to do something on taxes. really, plan b was about tax cuts, not spending. it seems to me the only with the republican party will get major spending cuts passed is it they also agreed to new revenue. otherwise, the president cannot be out there continually only cutting spending while leaving all of the bush-ever tax cuts in place. host: let me share with you what emily etherege writes. she says it is almost certain that social security will be part of the deal. continued murkiness has groups concerned. democrats are critical of the president putting this issue on the table. republicans say it has to be. guest: despite the conversations about the grand bargain, it was never going to happen, there had not been enough preparation. one of my predictions from my column in 2012 was predictions for next year. what i am telling everybody is we are not going to get a big tax reform package next year because it takes two years to enact. without that, we will not get mandatory spending changes. that means the grand bargain is two years off. it cannot be part of the fis
you have to do something on taxes. really, plan b was about tax cuts, not spending. it seems to me the only with the republican party will get major spending cuts passed is it they also agreed to new revenue. otherwise, the president cannot be out there continually only cutting spending while leaving all of the bush-ever tax cuts in place. host: let me share with you what emily etherege writes. she says it is almost certain that social security will be part of the deal. continued murkiness has...
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as if trying to find a way through a complex tax system wasn't enough in the u.k. millions have been paying through the nose for telephone services to help them navigate it that's coming up later. another crew member has died after the crash landing of a passenger jet one of moscow's busiest airports bringing the number of dead to five three of those are still fighting for their lives in hospital the redwings plane skidded off the runway and plowed into the embankment of a major highway on saturday scattering debra over the road experts believe bad weather brake system failure or simple pilot error could have led to the tragedy. now looks at how the events unfolded. the twenty ninth of december the last working day of two thousand and twelve in russia. business is closed all business forgotten until the next year families friends employees jump into their cars and escape the busy capital he's got highway heads to the west a region where most of the luxury states and country houses are located traffic jams are common with a song with a day and this time of the year
as if trying to find a way through a complex tax system wasn't enough in the u.k. millions have been paying through the nose for telephone services to help them navigate it that's coming up later. another crew member has died after the crash landing of a passenger jet one of moscow's busiest airports bringing the number of dead to five three of those are still fighting for their lives in hospital the redwings plane skidded off the runway and plowed into the embankment of a major highway on...
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Dec 31, 2012
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FBC
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a small down payment, a tax rate increase and some of the spending measures and some of the other tax measures and perhaps instructions for the next six to eight months to congress to work on entitlement and spending reform and broader tax reform package. but all those specific details when you talk about entitlements and spending on the bigger side. $3-4 trillion deal that would have to be filled in over the next year. >> all right. rich, we appreciate it. just a reminder, 5:00 a.m., cheryl casone will have the latest on overseas trading but also any potential deal or leak that has a deal may be in the works. find out right here on the fox big network. fox business network team starting here at 5:00 a.m. here in new york city. that wraps it right now. we're going to go back to our programming. we are talking cometely off-the-cuff, but we know will not be at 250. i think carrie reed has problems from new york like dianne feinstein of california, and 250 will be a big pill to allow. this is a fiscal cliff that we can have 50 days, 60 days down the road. it does not fix the problem if y
a small down payment, a tax rate increase and some of the spending measures and some of the other tax measures and perhaps instructions for the next six to eight months to congress to work on entitlement and spending reform and broader tax reform package. but all those specific details when you talk about entitlements and spending on the bigger side. $3-4 trillion deal that would have to be filled in over the next year. >> all right. rich, we appreciate it. just a reminder, 5:00 a.m.,...
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Dec 31, 2012
12/12
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FBC
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the last time they finished the deal the tax deal we got a couple years ago that extended tax rates, cut the social security tax by a couple points. all of that ongoing right now and that is really the last hope we have to get something done before the fiscal cliff. >> does the minority leader and the senate, do they concur with the house of representatives. because it's eventually going to have to go through the house? >> absolutely. they would remaining in contact. just to make sure that the house would be agreeable to whatever the senate minority leader put out. democrats would have to be apprised of that as well but any agreement is probably going to need democrats in the house of representatives. the house is also working on a number of procedural maneuvers tonight to pave the way for quick votes over the next few days. they are not actively involved in the negotiations but if these two are to get a deal, vice president and senate minority leader the house could do a quick vote. >> two other things, first, if they don't do a deal, what can the average american, expect as far as
the last time they finished the deal the tax deal we got a couple years ago that extended tax rates, cut the social security tax by a couple points. all of that ongoing right now and that is really the last hope we have to get something done before the fiscal cliff. >> does the minority leader and the senate, do they concur with the house of representatives. because it's eventually going to have to go through the house? >> absolutely. they would remaining in contact. just to make...
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Jan 1, 2013
01/13
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KCSMMHZ
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they will have to swallow a new alcohol tax. russians are trying to laugh it off. >> i used to get to know a man and he would buy me a fine bottle of bubbly, now it barely buys a cheap sparkling wine. it is a real shame. >> the kremlin wants russians to drink less. alcohol ads banned since last summer and the new tax hike is an attempt to quench the country's thirst for hard liquor. many believe it is not dangerous if they only drink a little. but it is. you don't have to be an alcoholic to die from drinking too much. many do not take that seriously. >> in big cities like moscow temp rance is the latest buzz word among the rising middle class. but for many russians the love affair with vodka dies hard. >> a "new york times" correspondent has become the latest foreign journalist forced out of china. they have left beijing after authorities denied the reporter a new visa. >> after the "new york times" published critical articles about the chinese premiere. one report about the hidien wealth of his family prompted china to block th
they will have to swallow a new alcohol tax. russians are trying to laugh it off. >> i used to get to know a man and he would buy me a fine bottle of bubbly, now it barely buys a cheap sparkling wine. it is a real shame. >> the kremlin wants russians to drink less. alcohol ads banned since last summer and the new tax hike is an attempt to quench the country's thirst for hard liquor. many believe it is not dangerous if they only drink a little. but it is. you don't have to be an...
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Dec 30, 2012
12/12
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WMAR
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if it doesn't every body income tax also go up. average family would pay an extra $3446 more in 2013. and farm programs would expire. potentially doubling the price of milk. and if congress doesn't pass a new bill. >> we will come back with a new congress in january 4th and the first bill that will be introduced will be class families. >> reporter: the bargaining continues tonight. abc news, new york. >> for more on the fiscal cliff we have you covered. go to abc2news.com. head to the home page slide show for breakdown of what difference scenarios in -- difficulty scenarios in washington -differ scenarios in washingtoncould different scenarios could mean in washington. >>> look at the flames shooting from this house. investigators say a 4-year-old saw the fire and told his grandmother because his parents were not home. man inside tried to put it out- - -- a man inside tried to put piet out but the flames were too intense. no one was injured but the fire caused more than $100,000 worth of damage to the house. >>> a 33-year-old man w
if it doesn't every body income tax also go up. average family would pay an extra $3446 more in 2013. and farm programs would expire. potentially doubling the price of milk. and if congress doesn't pass a new bill. >> we will come back with a new congress in january 4th and the first bill that will be introduced will be class families. >> reporter: the bargaining continues tonight. abc news, new york. >> for more on the fiscal cliff we have you covered. go to abc2news.com....
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Dec 30, 2012
12/12
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, tax reform and tax incentives for charitable giving. back to the phones. jack in michigan, on our line for independence. go ahead, jack. caller: i want to ask mr. rosenberg if he has ever heard of lincoln electric in cleveland, ohio. host: and why did he wanted to know that? caller: well, they wrote a book, james f. lincoln wrote a book, a new approach to industrial economics where they have no unions. everybody is responsible for their own work. they do peace work. everybody's responsible. everybody has a lifetime job. they get huge pieces of the pie. and ownership is -- the people, the workers, everybody owns the piece of the pie. host: what does this have to do with the fiscal cliff? caller: well, if more -- if more people -- if more industries would go to that, they wouldn't fall off the cliff. everybody would go to work. host: mr. rosenberg? guest: so i haven't heard of that but it sounds like a great place to be and live. i would have to get the name of that again. host: next up is don on the washington redskins. -- "washington jo
, tax reform and tax incentives for charitable giving. back to the phones. jack in michigan, on our line for independence. go ahead, jack. caller: i want to ask mr. rosenberg if he has ever heard of lincoln electric in cleveland, ohio. host: and why did he wanted to know that? caller: well, they wrote a book, james f. lincoln wrote a book, a new approach to industrial economics where they have no unions. everybody is responsible for their own work. they do peace work. everybody's responsible....
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Dec 30, 2012
12/12
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-- raise taxes. but they do believe across the aisle that washington is broken, and it is not ok to bicker and fight, go home and put out press releases and blame the problems on someone else. we have to reach across the aisle, figure out what we can do and agree on to move our country forward, and get things done. you will see that in the coming three to six months i understand the pessimism all across the country. -- months. i understand the pessimism all across the country. somehow, someway, the leaders in our country have repeatedly found ways to move past our differences. there's no reason to believe that we cannot do it now. uke messer,tative lo thank you for being on "newsmakers." let me turn to our reporters for a bit of a rapid conversation. he is the freshman president for public and, coming into the 113th congress. who are they? >> they are a very diverse bunch. there are some people who are new to politics. but a lot of them are long lines of luke messer, who have been in government at ma
-- raise taxes. but they do believe across the aisle that washington is broken, and it is not ok to bicker and fight, go home and put out press releases and blame the problems on someone else. we have to reach across the aisle, figure out what we can do and agree on to move our country forward, and get things done. you will see that in the coming three to six months i understand the pessimism all across the country. -- months. i understand the pessimism all across the country. somehow, someway,...
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is still stuck on the edge of its fiscal cliff with very hours left before a tough mix of tax hikes and spending cuts it hits americans. best gaiters begin at rooting out possible causes from the deadly plane crash in moscow where our correspondent at the scene plants the tragedy step by step. dance from a restive middle east and arab world to europe's money roller coaster and the russian public getting it to be vocal they sum up the major events that shaped the twenty twelve. year with r t world news and much more twenty four hours a day. trying to pull the u.s. back from the brink of the fiscal cliff couldn't get much closer to the one that in a few hours americans will be hit hard by billions of dollars of tax hikes and spending cuts which will automatically come into effect on tuesday but republicans and democrats just can't agree on how to avert it and time is rapidly running out well here's our washington correspondent. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you monger's debt and w
is still stuck on the edge of its fiscal cliff with very hours left before a tough mix of tax hikes and spending cuts it hits americans. best gaiters begin at rooting out possible causes from the deadly plane crash in moscow where our correspondent at the scene plants the tragedy step by step. dance from a restive middle east and arab world to europe's money roller coaster and the russian public getting it to be vocal they sum up the major events that shaped the twenty twelve. year with r t...
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Jan 1, 2013
01/13
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WMAR
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under terms of the legislation taxes on the middle class will not go up. individuals earning $400,000 a year or more and households earning $450,000 a year or more will see the levels return to clinton are a taxes. >> i think that we've made gigantic prog gressments i hope that we can have a bipartisan agreement as we go forward. >> vice-president joe biden -- >> we are losing an opportunity for reform. >> reporter: opponents of the deal said it was done in haste. >> senator mitch mcconnell said this shouldn't be the model and the senate proceed like a bull in a china closet anyway. >> reporter: if the deal is passed in the house, the president is expected to sign this, killing the tax hikes. i'm elizabeth corey done reporting. >> the senate bill's lack of spending cuts is a concern. house majority leader eric cantor said this is not over yet. >>> the new year was also the deadline to apply for the state's homestead tax credit. december 31st was the deadline this get the application in the mail but you can still turn it in tomorrow. >>> a home caught on fi
under terms of the legislation taxes on the middle class will not go up. individuals earning $400,000 a year or more and households earning $450,000 a year or more will see the levels return to clinton are a taxes. >> i think that we've made gigantic prog gressments i hope that we can have a bipartisan agreement as we go forward. >> vice-president joe biden -- >> we are losing an opportunity for reform. >> reporter: opponents of the deal said it was done in haste....
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Dec 27, 2012
12/12
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CNNW
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we need to not just raise taxes. if we give the president every tax increase that he wants. we need to address the spending. >> and the president has addressed that. no one is saying that there should be no spending cuts. >> ultimately. we have to find a bring here to get across. what are the ways we can agree on that will help us through that. i would would brry if we get do our fox holes and shoot across at each other. you know our international reputation is going to suffer. every other country in the world and watching this is going to say is america prepared to leave? >> you can't trust these guys, they are not up to it. >> if the nation slides into a resocial. i think the republicans will pay the biggest price in the beginning. the president so far has the fact is the republicans have been losing the message war on that. for its own sake it need to listen to the right of center not the nar right. right now, it has to act as if look, the country's needs come first. what do we need to do some protect the country's welfare. we thought it would come with the event of the e
we need to not just raise taxes. if we give the president every tax increase that he wants. we need to address the spending. >> and the president has addressed that. no one is saying that there should be no spending cuts. >> ultimately. we have to find a bring here to get across. what are the ways we can agree on that will help us through that. i would would brry if we get do our fox holes and shoot across at each other. you know our international reputation is going to suffer....
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Dec 31, 2012
12/12
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WUSA
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but experts say that tax holiday is coming to an end and the small tax break adds up over the course of a year. the center on budget and policy priority says it is about $100 billion that will come out of our paychecks to go to the government. goldman sachs says that ending the tax hol day would shave .6 percentage points off economic growth next year, which is not predicted to be strong. so let me tell you what the impact would be for you. if you make $50,000 a year that works out about $20 a week more you'll have to pay according to the urban bookings tax policy center. $20 a week doesn't seem like that much, but when you add it up, it will be about a thousand dollars less you will take home next year. >>> hail to the redskins. did you see that game last night? whoa, it was hot. and we are now the division east champions. delia got up early today to talk to fans who celebrated all night. >> reporter: it is all about the burgundy and gold today. fans celebrating a major win, a great way to ring in the new year. you have got your jersey on, tell me about the game last night what did
but experts say that tax holiday is coming to an end and the small tax break adds up over the course of a year. the center on budget and policy priority says it is about $100 billion that will come out of our paychecks to go to the government. goldman sachs says that ending the tax hol day would shave .6 percentage points off economic growth next year, which is not predicted to be strong. so let me tell you what the impact would be for you. if you make $50,000 a year that works out about $20 a...
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Jan 1, 2013
01/13
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WBFF
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(prioleau) there wwll be a delay in filing oo tax returns." and of course...unttl the house...takes a final votte..on this massive plan...to reduce the deficit... most aaerrcans... won't know... paying... in taxes.john rydell,,fox 45 news t 5:30. baltimore city saw its numberrof homicidee growwinn201. 2012. 17 peoole lostttheir liiessin baltimorr city last pear. that is 20 more compared to 2011 hen baltimore aw a historicclow. is the vice chair of the public ssfety committee. he says while theepolice &pdepartmeet has focused on getting bad guys wiih guns off the street... it's time t shift it's focus to include the community. 10:40:31 i always say it's the 80 20 rule 80 perrent of the officers we have are doing percent 20 percent but one 15 unforntaell those are they people they reeember they're street they're gonna remember - &pthe one who cursed hem out o yelled at them ::8 last monthh pplice commissioner anthony batts division tt address residents' &pconcerns. &pp3 you saw firrt on fox invvlving - a pizza delivery driver who says he was dem
(prioleau) there wwll be a delay in filing oo tax returns." and of course...unttl the house...takes a final votte..on this massive plan...to reduce the deficit... most aaerrcans... won't know... paying... in taxes.john rydell,,fox 45 news t 5:30. baltimore city saw its numberrof homicidee growwinn201. 2012. 17 peoole lostttheir liiessin baltimorr city last pear. that is 20 more compared to 2011 hen baltimore aw a historicclow. is the vice chair of the public ssfety committee. he says while...
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Dec 31, 2012
12/12
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WBAL
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you have until today to file for the state homestead tax credit which limits how much property-tax can increase each year. it can file electronically if you had an election -- an application mailed to you. you can download the application and mail it in, but it has to be postmarked by today. for more on how to apply, go to our website, wbaltv.com. >> some maryland residents affected by superstorm sandy will be eligible to receive food stamps under a new federal program. president obama designated somerset county s a major disaster area, eligible for assistance. >> now, your forecast with meteorologist tony pann. >> of very quiet day today and that trend will continue as we head into new year's eve. don't expect any weather trouble if you are going out tonight. you see the battle of the air mass is going on across the united states. kohl, arctic air coming out of the southern part of canada, warmer air from the south, and they are meeting right there in the ohio valley. a week little storm, but ahead of it you see the cloud shield extends all the way to the coast. it is trying to produc
you have until today to file for the state homestead tax credit which limits how much property-tax can increase each year. it can file electronically if you had an election -- an application mailed to you. you can download the application and mail it in, but it has to be postmarked by today. for more on how to apply, go to our website, wbaltv.com. >> some maryland residents affected by superstorm sandy will be eligible to receive food stamps under a new federal program. president obama...
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Dec 24, 2012
12/12
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WUSA
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instead he wants more spending and more tax hikes that will hurt our economy. and he refuses to challenges the members of his party to deal honesty with the entitlement reform and the big issues facing our nation. that's why we find ourselves here today. >> the president is scheduled to return to washington wednesday. there's no word if any new talks are planned. >>> even if we go over the cliff, workers won't feel all of the tax increaseness their january paychecks. the american payroll association says it's already too late for employers to accurately with hold income taxes from january paychecks. however, workers will immediately feel the squeeze of a 2% social security payroll tax. >>> 9news is tracking the discussions on capitol hill concerning the fiscal cliff. we've broken our newsroom into four groups. one to monitor the potential impact on the local economy. a second to prepare you for what could happen to you and your family. a third will help you take action and the fourth will hold lawmakers accountable. you can get alerts sent straight to your phon
instead he wants more spending and more tax hikes that will hurt our economy. and he refuses to challenges the members of his party to deal honesty with the entitlement reform and the big issues facing our nation. that's why we find ourselves here today. >> the president is scheduled to return to washington wednesday. there's no word if any new talks are planned. >>> even if we go over the cliff, workers won't feel all of the tax increaseness their january paychecks. the american...
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Dec 27, 2012
12/12
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KGO
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the president is trying to hammer out a deal before major tax hikes and spending cuts kick in january 1st. this morning harry reid launched a scathing attack on house republicans for not returning to washington. >> i can't imagine their con chens they are out wherever -- consciences they are out wherever they are and we are trying get something done. >> newly appointed senator flew back with the president today, left governor currently will replace the late senator daniel inouye. >>> that looming fiscal cliff is having a huge effect on the stock market today. you can see the dow is down 135 points over 1%, consumer confidence very low because of concerns that fiscal cliff will cause taxes to rise for everyone if congress tpaeults to work to the. >>> former president george higgs boson bush remains in intensive care he is -- george h.w. bush remains in intensive. doctors suspected he would be home in time for christmas but his condition worsened, he is alert and talking to hospital staff. >>> there is a bright spot for the economy, new homes selling at fastest past in more than 2 1/2 y
the president is trying to hammer out a deal before major tax hikes and spending cuts kick in january 1st. this morning harry reid launched a scathing attack on house republicans for not returning to washington. >> i can't imagine their con chens they are out wherever -- consciences they are out wherever they are and we are trying get something done. >> newly appointed senator flew back with the president today, left governor currently will replace the late senator daniel inouye....
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Dec 30, 2012
12/12
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WJLA
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would stop the increase of the estate tax. the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor that would increase taxes for households that earn a quarter million dollars or more, and respect -- expect republicans would block that proposal. but rather than take it back as a stopgap measure, think of it as a political move to try to shift the responsibility of failure on to republi watches the hour of reckoning. >> as the deadline approaches, our coverage of the fiscal cliff negotiations continue on television and on-line at wjla.com. >> some people in the area are still cleaning up after the high wind thursday. and, apart, a tree crashed through a house. -- in takoma park, a tree crashed through a house. in mclean, trees littered the georgetown park way. >> maryland health officials are reporting their first death related to hypothermia of the season. the health department says a 65- year-old man died in frederick county between december 18-24. pulte officials did not rel
would stop the increase of the estate tax. the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor that would increase taxes for households that earn a quarter million dollars or more, and respect -- expect republicans would block that proposal. but rather than take it back as a stopgap measure, think of it as a political move to try to shift the responsibility of failure on to republi watches the hour of reckoning. >> as the deadline...
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Jan 1, 2013
01/13
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and internal tax that is cut off and you can see that but an internal tax is forthcoming. violence and mobs and riots are also something that struck me because of the sheer magnitude of the violence that is reported in the newspapers of the day. in particular, this is a supplement to the boston newsletter from september 5, 1755. extraordinary for multiple reasons. one, the front page of this two page issue is details of the destruction of lieutenent governor thomas hutchinson's home, the lieutenant governor of boston but on page two from newport rhode island, we read of similar home destruction so here it reads, for a three day riot that to-do list. this. day one, a symbol and a wrecked gallows, make effigies of stamp master hated loyalist, hoisted effigies by net 15 feet high come make a fire and burned effigies to ashes, choose the deputies of the town, choose the committee to instruct the deputies on the stamp act. date to an evening, gather a crowd and march to the house of hated loyalist number one. shatters windows and break his doors to pieces, damage partitions and
and internal tax that is cut off and you can see that but an internal tax is forthcoming. violence and mobs and riots are also something that struck me because of the sheer magnitude of the violence that is reported in the newspapers of the day. in particular, this is a supplement to the boston newsletter from september 5, 1755. extraordinary for multiple reasons. one, the front page of this two page issue is details of the destruction of lieutenent governor thomas hutchinson's home, the...